EU tariffs slow Chinese EV exports, Geely looks to expand in Asia: 7 EV reads
By SCMP
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.
The value of China’s electric vehicle exports plunged last month to their lowest level since July 2022, driven by tariff challenges in Europe, large declines in shipments to emerging markets and intensified price cuts.
China’s car exports are likely to hit a speed bump in 2025 as leading EV players absorb additional tariffs from the European Union, the biggest overseas market where mainland-made cars enjoy a healthy profit margin.
China’s automotive industry will need components and software worth 2.6 trillion yuan (US$356.2 billion) a year by 2030 amid mainland buyers’ surging interest in smart cars with autonomous driving systems and digital cockpits even as a brutal price war envelops the industry.
via SCMP Full Text Feed
By SCMP
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.
The value of China’s electric vehicle exports plunged last month to their lowest level since July 2022, driven by tariff challenges in Europe, large declines in shipments to emerging markets and intensified price cuts.
China’s car exports are likely to hit a speed bump in 2025 as leading EV players absorb additional tariffs from the European Union, the biggest overseas market where mainland-made cars enjoy a healthy profit margin.
China’s automotive industry will need components and software worth 2.6 trillion yuan (US$356.2 billion) a year by 2030 amid mainland buyers’ surging interest in smart cars with autonomous driving systems and digital cockpits even as a brutal price war envelops the industry.
via SCMP Full Text Feed
